N.Y. Gov. Hochul Announces Workers' Compensation Assessment Rate Decrease for 2024, Creating More Than $50 Million in Potential Savings for New York Employers
November 02, 2023
November 02, 2023
ALBANY, New York, Nov. 2 -- Gov. Kathy Hochul, D-New York, issued the following news release on Nov. 1, 2023:
Governor Kathy Hochul today announced that New York employers are expected to save more than $50 million dollars in 2024 due to a reduction in the annual workers' compensation assessment rate, which was set today and goes into effect on January 1, 2024. Employers pay an annual assessment to operate the New York State workers' compensation system, which provides critical bene . . .
Governor Kathy Hochul today announced that New York employers are expected to save more than $50 million dollars in 2024 due to a reduction in the annual workers' compensation assessment rate, which was set today and goes into effect on January 1, 2024. Employers pay an annual assessment to operate the New York State workers' compensation system, which provides critical bene . . .